Amid a significant uptick in ERC20 tokens, especially meme coins, the expense of conducting transactions on Ethereum has notably increased, pushing the average fee to $22.19 for each operation. Further data indicates that executing a swap on a decentralized exchange (dex) platform could incur a cost of $66. Transfers and Dex Swaps Costlier as Ethereum […]
Source: https://news.bitcoin.com/meme-token-frenzy-drives-up-ethereum-fees-testing-networks-scalability/
Meme Token Frenzy Drives up Ethereum Fees, Testing Network’s Scalability
